Home Sale Hindsight Tara-Nicholle Nelson Inman News Q: Since I don’t have a large downpayment, is a seller-financed deal a better way to get a house sale done? I have a home I own free and clear that I want to rent out and have it pay for my next home. What would you recommend? [...]
Archive for Real Estate News
6 ways to better your credit
REThink Real Estate Tara-Nicholle Nelson Inman News Q: We keep hearing everywhere that interest rates are “historically low,” but no one I know seems to be able to qualify to get the 4.4 percent we keep hearing and reading about. How do you qualify to get the lowest rates? What do you advise a financially [...]
Reverse mortgage roadblocks for condo owners
Qualifying can be more difficult in smaller developments Tom Kelly Inman News Editor’s note: On Wednesday, Sept. 22, after this column was written, the Federal Housing Administration announced a new version of its Home Equity Conversion Mortgage Product. HECM Saver, the new reverse mortgage option, features lower upfront loan closing costs for those who want [...]
Laundry shutdown a costly mistake?
Revenue from coin-op machines will likely exceed repair costs Robert Griswold Inman News Q: I live at a small apartment building with 24 units. In addition to a swimming pool and spa, we have a central laundry room with two washing machines and two dryers. The equipment is fairly old but it still works. However, [...]